Word: grossness
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Dates: during 1980-1989
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Strobe Talbott's commentary is a superb assessment of the legacy of Karl Marx. I am not blind to the shortcomings of our political and economic system. Nevertheless, misuse of power and position, however gross, is hindered in the U.S. by internal controls and (sometimes excessive) scrutiny by a free press. Even if some abusers go unseen and unchecked, their terms are limited...
Shorn of its local operating subsidiaries, AT&T's gross revenues are expected to drop from a current level of $57 billion to $30 billion. But a 270-page study of the impact of the settlement on the company by International Resource Development Inc., a Connecticut-based consulting firm, projects that inflation-adjusted revenues will double in the coming eight years, with nearly all of the gain coming from new businesses...
From its headquarters in New York City, AT&T controls assets of $137 billion, more than those of Exxon, General Motors and U.S. Steel combined, and more than the gross national products of all but 20 nations. A T & T's resources include 24,000 buildings, 177,000 motor vehicles and 142 million telephones, or eight out of every ten phones in the U.S. The company's 1 million employees make up almost 1% of the American work force, a level that no other company even approaches. It has 3 million shareholders, more than any other firm...
...million in expenses to provide support to a number of the schools and departments. The costs of the Central Administration are financed from a number of sources, including unrestricted endowment income, indirect cost revenues received under research programs, assignment of investment management costs as a reduction to gross investment income, and an assessments to the various departments. The departmental assessment pays only one-fifth of the total cost of the Central Administration. If all costs of the Central Administration other than investment management and cost involved in the support of other departments were borne solely by the academic departments, then...
...nation's factories operated in 1981 at only 60% of capacity. To make matters worse, poor harvests from 1974 to 1980 ravaged the country's agriculture, which Gierek had foolishly ignored in favor of industrial development, despite the fact that agriculture accounts for 20% of Poland's domestic gross national product. Moreover, a disproportionate amount of supplies and equipment went to the inefficient state farms, while the far more productive private farmers, who own 75% of Poland's arable lands, were shortchanged...